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Business

Watkiss acquired by Swedish finishing firm

Stockholm-based Plockmatic Group has acquired UK business Watkiss Automation.

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Paul Attew of Watkiss Automation and Jan Marstop of Plockmatic Group

Founded in 1974, Watkiss has installed over 15,000 print finishing machines worldwide. The company will be a wholly owned subsidiary of Plockmatic International and part of the Plockmatic Group which includes Morgana Systems. The expanded group of companies will be headed by the Swedish firm’s CEO, Jan Marstop.

Commenting on the acquisition, Marstop says: “Customers the world over are using Watkiss systems to serve the growing requirement for digitally printed product manuals, promotional materials and customised catalogues often produced around the clock. We’ve built a worldwide supply chain, marketing, sales and service organisation unique in the industry, and it’s ready to make these powerful systems available to even more customers.”

We know the business is in great hands, and Plockmatic has what it takes to grow it to its full potential

Plockmatic develops, manufactures and markets document finishing technology as well as making booklets. The Plockmatic Group is part of Stockholm-based holding company Grimaldi Industri. The new acquisition further extends its efforts to expand the Plockmatic booklet-making range into the high-end market.

“The acquisition of Watkiss demonstrates our commitment to our customers, and to the document finishing business,” says Salvatore Grimaldi, owner and CEO of Grimaldi Industri. “This significantly expands our offerings and will help our customers deliver more value to their customers. I’m delighted to welcome Watkiss to our group of companies.”

Paul Attew, sales director of Watkiss says: “Our team has spent years building a business around our customer’s requirements. We believe Plockmatic is best positioned to look after our customers and serve new ones. We know the business is in great hands, and Plockmatic has what it takes to grow it to its full potential.”

Watkiss will be at The Print Show next week on Stand G40.

If you have a view on this story email me at summer@linkpublishing.co.uk or reach out on Twitter.


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